Studio · 398 sqftMerano Tower, Business Bay · 9th floor · completed 2020

904, Merano Tower

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 659K8 May 2018
Current rentAED 68K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Merano Tower

What is 904 worth today?

Last sold for AED 659,017 in 2018

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10 Jul 2026RentedNew contract
AED 68,000/yr12 months · AED 171 per sqft
5 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
5 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
20 Apr 2024RentedNew contract
AED 65,000/yr12 months · AED 163 per sqft
1 Sep 2020RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft
21 May 2020RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
8 May 2018Sold by developerOff-plan
AED 659,017AED 1,656 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
9th of 29
Parking
B4-043
Developer
DAMAC
Completed
2020
Service charge
AED 7,600 /yr
Last sold
AED 659K · May 2018
Building
Merano Tower

About 904, Merano Tower

904 is a studio of 398 sqft on the 9th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 8 May 2018 for AED 659,017, or AED 1,656 per sqft, 7% below the AED 1,779 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 10 July 2026, is AED 68,000 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 7,600 a year.

Sales and rents for 904 over time

Sales
Unit 904, each saleTypical studio in Merano Tower
600K2016201920222025Typical sale price by year: 2016 AED 569,088; 2017 AED 597,500; 2018 AED 592,000; 2019 AED 602,000; 2020 AED 537,000; 2021 AED 510,090; 2022 AED 550,000; 2023 AED 640,000; 2024 AED 715,000; 2025 AED 750,000Sold by developer, May 2018: AED 659,017 (AED 1,656 per sqft)

904 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 904, each contractTypical studio in Merano Tower
40K60K2020202220242026Typical rent by year: 2020 AED 34,500; 2021 AED 35,000; 2022 AED 43,850; 2023 AED 54,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 56,600New contract, May 2020: AED 50,000 a yearNew contract, September 2020: AED 38,000 a yearNew contract, April 2024: AED 65,000 a yearNew contract, July 2025: AED 60,000 a yearNew contract, July 2025: AED 60,000 a yearNew contract, July 2026: AED 68,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Merano Tower, and where 904 sits

All 82 studios →

904 last sold in May 2018 at AED 1,656 per sqft, 7% below what studios in Merano Tower were fetching at the time (AED 1,779). 904's AED 68,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2025532,000
19 Sep 2025584,259
8 Sep 2025800,000
10 Jun 2025790,000
0 studio sales in the last 12 months

Merano Tower

Building

574 apartments, studios to 3-bed over 29 floors in Business Bay, completed in 2020 by DAMAC. 33 sold in the last 12 months.

Typical price per sqft
AED 1,555 Down 3.3%
Typical sale
AED 1.13M
Typical rent
AED 75K /yr
Typical yield
7.4%
Merano Tower, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 574 units in Merano Tower
Value
9011-bedAED 830K · Nov 2016
9021-bedAED 1.1M · Mar 2024
9031-bedAED 1.01M · Jul 2021
9051-bedAED 1.08M · Nov 2017
906StudioAED 790K · Jun 2025
9071-bedAED 1.08M · Jun 2016
9081-bedAED 1.15M · Feb 2024
1–7 of 20

904, Merano Tower in numbers

  • Sold once: by DAMAC on 8 May 2018 for AED 659,017, or AED 1,656 per sqft.
  • Rented since May 2020 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2020 and recovered to AED 68,000 by July 2026.
  • At AED 68,000 a year the gross yield on the 2018 price is 10.3%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 10 July 2026.

Questions about 904, Merano Tower

What did unit 904 last sell for?

AED 659,017 on 8 May 2018, sold by the developer: AED 1,656 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit 904?

AED 68,000 a year on the contract signed on 10 July 2026. The previous contract, from July 2025, was AED 60,000; the unit has been rented since May 2020.

How big is unit 904?

398 sqft (37.0 sqm): a studio on the 9th floor of a 29-storey tower completed in 2020.

What is unit 904 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 904, Merano Tower

Starts from the last sale price (AED 659K, 8 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 659,017
Deposit, UAE resident (20%)
AED 131,803
Deposit, non-resident (40%)
AED 263,607
Monthly over 25 years at 3.7%
AED 2,696

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →